Brooge Energy Limited (NASDAQ:BROGW) Sees Significant Growth in Short Interest

Brooge Energy Limited (NASDAQ:BROGW) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 10,600 shares, an increase of 96.3% from the October 31st total of 5,400 shares. Based on an average daily volume of 27,400 shares, the days-to-cover ratio is presently 0.4 days.

Brooge Energy Stock Performance

Brooge Energy stock remained flat at $0.00 during trading hours on Friday. The company’s stock had a trading volume of 9,347 shares, compared to its average volume of 38,295. Brooge Energy has a twelve month low of $0.00 and a twelve month high of $0.09.

About Brooge Energy

Brooge Energy Limited, through its subsidiaries, provides oil storage and related services at the Port of Fujairah in the United Arab Emirates. It operates phase I and phase II facilities comprising 22 tanks with a capacity of approximately 1,001,388 cubic meters for offering storage, heating, and blending of fuel oil and clean petroleum products, including aviation fuel, gas oil, gasoline, marine gas oil, and naphtha.